Washington, DC asked in Bankruptcy for Maryland

Q: How long is it before your credit & credit score are reset after delinquency. 7 years-10 years or never?

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1 Lawyer Answer
Jason Ostendorf
Jason Ostendorf
  • Consumer Law Lawyer
  • Owings Mills, MD
  • Licensed in Maryland

A: A bankruptcy can stay on your credit report for up to ten years. While a bankruptcy will dramatically lower your score at first, the effects will decrease over time. If you are considering filing for bankruptcy, you should promptly consult with a bankruptcy lawyer.

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